Showing posts with label parent company. Show all posts
Showing posts with label parent company. Show all posts

Thursday, November 10, 2016

BOX OFFICE: Gant Rule in 2016

IN THIS POST:
A definition of 'the Gant Rule'; testing it out with the summer 2016 UK/US box office; why is this so profoundly significant for understanding the British cinema market; how satirical cartoon Curtisland illustrates this; why does it not always work (including Bridget Jones example).

I was surprised just now to find that 'the Gant Rule' doesn't bring up many relevant hits ... until the phrase 'box office' is added to the search.

Lets have a fresh look at this...

A SHORT DEFINITION OF 'THE GANT RULE'*
Box office analyst Charles Gant (who has a weekly Guardian column, but whose writing appears in many other publications worldwide) has long argued that a typical transatlantic hit (a success in both the UK and US markets) will make ten times as much in the US ($ figures) as in the UK (unadjusted £ figures).

In short, for a UK/US hit, UK £box office x10 roughly = US $box office
*it is highly advisable to put such terms in '' to help denote them as technical terms; the media world is so vast and complex, no single examiner will be familiar with every conceivable term

Is he right? Usually, yes!

READ MORE:
I have blogged on this a few times...
Use the Gant Rule tag to find previous posts - or simply make your own comparisons with films' UK/US box office!


TESTING THE GANT RULE: SUMMER 2016 UK v US BOX OFFICE
 Captain America: Civil War + The Secret Life of Pets examples
Using figures from his ScreenDaily column, Gant looked at the 2016 summer box office on both sides of the Atlantic. Jump straight to the number one hit and you'll see a prime example of the Gant Rule in effect: Captain America: Civil War took £37m in the UK and $407m in the US. That's precisely x11 the UK figure - pretty accurate forecasting there!